Advertisement
HomeCollectionsTrans World Airlines
IN THE NEWS

Trans World Airlines

FEATURED ARTICLES
BUSINESS
By New York Times News Service | April 14, 1992
As airlines struggled to finish loading new, lower fares into their computer systems, several carriers spent yesterday altering fine-turning the plans most of them adopted last week in response to American Airlines' broad changes.Continental Airlines, for example, announced excursion fares between Florida and the Northeast and parts of the Midwest that are on average 20 percent below those adopted in recent days by most carriers. In doing so, it was following the lead of USAir, which recently announced similar fare reductions on those routes for travel between April 23 and June 14.Continental also said it would give travel agents $10 of the $25 it collected for rewriting tickets or rescheduling flights, in contrast to the $5 that American and several other carriers had earmarked for the agents.
ARTICLES BY DATE
NEWS
By Meredith Cohn and Meredith Cohn,SUN STAFF | September 17, 2005
When US Airways won approval yesterday to exit bankruptcy and join America West to form a discount giant to take on the likes of Southwest Airlines, it marked the latest attempt by two airlines to fortify themselves through a merger. But during a week in which two other large airlines entered bankruptcy court, many industry observers think that aviation needs to allow some weaker carriers to disappear. After a generation of many failed airline mergers, some are saying that the healthier airlines should resist the urge to merge, relieve some of the intense competition in the skies and then zero in on the good assets.
Advertisement
BUSINESS
By New York Times News Service | April 14, 1992
As airlines struggled to finish loading new, lower fares into their computer systems, several carriers were altering or fine-turning the plans most of them adopted last week in response to American Airlines' broad changes.Continental Airlines, for example, yesterday announced excursion fares between Florida and the Northeast and parts of the Midwest that are on average 20 percent below those adopted in recent days by most carriers.In doing so, Continental was following the lead of USAir, which recently announced similar fare reductions on those routes for travel between April 23 and June 14.Continental also said it would give travel agents $10 of the $25 it collected for rewriting tickets or rescheduling flights, in contrast to the $5 that American and several carriers had earmarked for the agents.
BUSINESS
By BLOOMBERG NEWS | October 8, 2002
WASHINGTON - AMR Corp., owner of American Airlines, will take a $990 million charge to write down the value of acquisitions such as Trans World Airlines Inc. and Reno Air Inc., widening losses at the largest airline company. The write-down, effective as of Jan. 1 this year, resulted from an accounting rule change, AMR said yesterday in a Securities and Exchange Commission filing. The expenses are in line with what the company forecast in July. AMR will include the costs in year-to-date figures in its third-quarter results, without restating first- or second-quarter losses, spokesman Al Becker said.
BUSINESS
By BLOOMBERG NEWS | October 8, 2002
WASHINGTON - AMR Corp., owner of American Airlines, will take a $990 million charge to write down the value of acquisitions such as Trans World Airlines Inc. and Reno Air Inc., widening losses at the largest airline company. The write-down, effective as of Jan. 1 this year, resulted from an accounting rule change, AMR said yesterday in a Securities and Exchange Commission filing. The expenses are in line with what the company forecast in July. AMR will include the costs in year-to-date figures in its third-quarter results, without restating first- or second-quarter losses, spokesman Al Becker said.
BUSINESS
By New York Times News Service | July 13, 1993
Trans World Airlines is expected to name a chairman as early as today: William R. Howard, the former chairman of Piedmont Airlines, who was widely credited with turning that carrier into one of the more successful airlines of the 1980s.TWA, which has been operating under bankruptcy protection since January 1992, decided on Mr. Howard because he is highly regarded on Wall Street, as well as within the airline industry, people familiar with the expected appointment said. In recent years, the airline has had leaders with plenty of one or the otherquality, but not both.
BUSINESS
By Laurie McGinley and Laurie McGinley,Dow Jones News Service | November 10, 1990
WASHINGTON -- Top airline officials warned the Bush administration that soaring jet-fuel prices could spell doom for some carriers within months.In meetings over the past two days with Transportation Secretary Samuel K. Skinner and Energy Secretary James D. Watkins, the airline officials painted a picture of impending disaster, according to one participant.One industry official predicted that the rising fuel costs could trigger a major industry consolidation within 180 days. Others said that four or five carriers are in dire straits, participants said.
BUSINESS
March 5, 1992
Rombro Health Services Ltd., which began as a Baltimore corner drugstore and went on to carve out a multimillion-dollar niche selling pharmaceutical products to prisons, nursing homes and other health care institutions is being acquired by a New York company that provides medical supplies to nursing homes.The combined company would be one of the nation's largest vendors of drugs and medical supplies in the long-term-care market with $60 million in annual sales, officials of the companies said.
BUSINESS
June 23, 2001
In the Region Columbia insurer wins big contract with Michigan agency Magellan Health Services Inc. of Columbia said yesterday that its mental health division won a four-year, $20 million contract to manage mental health and substance abuse benefits for a government agency in Michigan's largest county. The Detroit-Wayne County Community Mental Health Agency hired Magellan to provide administrative services, care coordina- tion and claims administration for county citizens who have mental illnesses, addictive disorders and developmental disabilities.
NEWS
By Meredith Cohn and Meredith Cohn,SUN STAFF | September 17, 2005
When US Airways won approval yesterday to exit bankruptcy and join America West to form a discount giant to take on the likes of Southwest Airlines, it marked the latest attempt by two airlines to fortify themselves through a merger. But during a week in which two other large airlines entered bankruptcy court, many industry observers think that aviation needs to allow some weaker carriers to disappear. After a generation of many failed airline mergers, some are saying that the healthier airlines should resist the urge to merge, relieve some of the intense competition in the skies and then zero in on the good assets.
BUSINESS
June 23, 2001
In the Region Columbia insurer wins big contract with Michigan agency Magellan Health Services Inc. of Columbia said yesterday that its mental health division won a four-year, $20 million contract to manage mental health and substance abuse benefits for a government agency in Michigan's largest county. The Detroit-Wayne County Community Mental Health Agency hired Magellan to provide administrative services, care coordina- tion and claims administration for county citizens who have mental illnesses, addictive disorders and developmental disabilities.
BUSINESS
By New York Times News Service | July 13, 1993
Trans World Airlines is expected to name a chairman as early as today: William R. Howard, the former chairman of Piedmont Airlines, who was widely credited with turning that carrier into one of the more successful airlines of the 1980s.TWA, which has been operating under bankruptcy protection since January 1992, decided on Mr. Howard because he is highly regarded on Wall Street, as well as within the airline industry, people familiar with the expected appointment said. In recent years, the airline has had leaders with plenty of one or the otherquality, but not both.
BUSINESS
By New York Times News Service | April 14, 1992
As airlines struggled to finish loading new, lower fares into their computer systems, several carriers spent yesterday altering fine-turning the plans most of them adopted last week in response to American Airlines' broad changes.Continental Airlines, for example, announced excursion fares between Florida and the Northeast and parts of the Midwest that are on average 20 percent below those adopted in recent days by most carriers. In doing so, it was following the lead of USAir, which recently announced similar fare reductions on those routes for travel between April 23 and June 14.Continental also said it would give travel agents $10 of the $25 it collected for rewriting tickets or rescheduling flights, in contrast to the $5 that American and several other carriers had earmarked for the agents.
BUSINESS
By New York Times News Service | April 14, 1992
As airlines struggled to finish loading new, lower fares into their computer systems, several carriers were altering or fine-turning the plans most of them adopted last week in response to American Airlines' broad changes.Continental Airlines, for example, yesterday announced excursion fares between Florida and the Northeast and parts of the Midwest that are on average 20 percent below those adopted in recent days by most carriers.In doing so, Continental was following the lead of USAir, which recently announced similar fare reductions on those routes for travel between April 23 and June 14.Continental also said it would give travel agents $10 of the $25 it collected for rewriting tickets or rescheduling flights, in contrast to the $5 that American and several carriers had earmarked for the agents.
BUSINESS
March 5, 1992
Rombro Health Services Ltd., which began as a Baltimore corner drugstore and went on to carve out a multimillion-dollar niche selling pharmaceutical products to prisons, nursing homes and other health care institutions is being acquired by a New York company that provides medical supplies to nursing homes.The combined company would be one of the nation's largest vendors of drugs and medical supplies in the long-term-care market with $60 million in annual sales, officials of the companies said.
BUSINESS
By Laurie McGinley and Laurie McGinley,Dow Jones News Service | November 10, 1990
WASHINGTON -- Top airline officials warned the Bush administration that soaring jet-fuel prices could spell doom for some carriers within months.In meetings over the past two days with Transportation Secretary Samuel K. Skinner and Energy Secretary James D. Watkins, the airline officials painted a picture of impending disaster, according to one participant.One industry official predicted that the rising fuel costs could trigger a major industry consolidation within 180 days. Others said that four or five carriers are in dire straits, participants said.
NEWS
By John A. Morris and John A. Morris,Sun Staff Writer | July 17, 1994
The mother of Robert Dean Stethem, a Navy diver from Southern Maryland who was killed during the 1985 hijacking of a TWA jetliner to Lebanon, christened the country's newest Aegis guided-missile destroyer yesterday in her son's name."
BUSINESS
By Chicago Tribune | March 6, 1991
CHICAGO -- United Airlines and American Airlines moved closer yesterday to winning permission from the British government to fly into London's Heathrow Airport.Britain said it was scrapping its rule prohibiting additional overseas lines from landing at Heathrow.The action, by Britain's transport minister, Malcolm Rifkind, paves the way for British and U.S. officials to wrap up talks over the airlines' efforts to acquire landing rights held at Heathrow by Pan American World Airways and Trans World Airlines.
Baltimore Sun Articles
|
|
|
Please note the green-lined linked article text has been applied commercially without any involvement from our newsroom editors, reporters or any other editorial staff.